ESOP · DOL Form 5500 · 2023

Lafayette Group, Inc. ESOP

Data updated 2026-08-11

$26M
Total assets: 179
Participants: 77th
Percentile by assets: $146,167
Avg per participant

Official DOL plan name: Lafayette Group, Inc. Employee Stock Ownership Plan · Sponsored by Lafayette Group, Inc. · Virginia · Professional & Technical Services

$26M in assets, 179 participants

Lafayette Group, Inc.'s Lafayette Group, Inc. Employee Stock Ownership Plan reported $26M in total assets and 179 participants in its 2023 DOL Form 5500 filing, ranking in the 77th percentile by assets among filed plans. Figures are as reported by the plan sponsor to the Department of Labor, not audited or endorsed by PlainRetire.

77th percentile by assets (of 127,072 plans)
#15,759 in Professional & Technical Services (20,321 peers)

Coverage in Virginia

Lafayette Group, Inc. Employee Stock Ownership Plan covers 179 participants in Virginia, about 23% of the average Virginia filer (state average ~782 per filing). Assets: $26M.

$26M
total plan assets (2023 EOY): 179
covered participants: 77th
percentile by assets (of 127,072 plans): $146,167
avg assets per participant

Where Lafayette Group, Inc. Employee Stock Ownership Plan sits by total assets

Lafayette Group, Inc. Employee Stock Ownership Plan vs every filed plan by assets

End-of-year total assets · plan year 2023 · DOL Form 5500

$26,163,870 Top 23% higher than 77% of 127,068 filed plans

Dashed line + filled bar = this entry, among filed plans.

Source U.S. Department of Labor Form 5500 filings (EBSA) · plan year 2023

Lafayette Group, Inc. Employee Stock Ownership Plan reported net income rose from $2M in the plan year 2022 filing to $10M in the plan year 2023 filing.
Lafayette Group, Inc. Employee Stock Ownership Plan end-of-year assets rose from $18M in the plan year 2022 filing to $26M in the plan year 2023 filing.
Lafayette Group, Inc. Employee Stock Ownership Plan reported participants rose from 155 in the plan year 2022 filing to 179 in the plan year 2023 filing.

See the national 2022→2023 release diff →

State

Virginia

Industry

Professional & Technical Services

Participants vs Virginia filers

In Virginia, the average filing covers about 782 participants across 3,655 plans. Lafayette Group, Inc. Employee Stock Ownership Plan reports 179 participants - about 23% of that state average ($26M EOY assets).

Virginia filing particulars

Total Assets (Beginning of Year)	$18M
Net Assets (End of Year)	$24M
Net Income	$10M
Employer EIN	541696125
Plan Effective Date	2018-01-01
Filing Status	FILING RECEIVED

Sponsor Plan History (Lafayette Group, Inc.)

Total plan assets by year, all Lafayette Group, Inc. plans on file

Year	Plans	Participants	Total Assets
2022	2	329	$27M
2023	2	380	$37M
2024	2	495	$42M

Nearby ESOP Plans in Virginia

Peer ESOP plans, same state, same plan type, ranked by total assets.

Lafayette Group, Inc. Employee Stock Ownership Plan vs. nearby ESOP plans in Virginia, assets vs. participants

Nvr, Inc. Employee Stock Ownership Plan $1.2B · 6,866
The Resorts Companies, Inc. Employee Stock Ownership Plan $352M · 1,751
American Systems Corporation Employee Stock Ownership Plan $331M · 1,782
Modern Technology Solutions, Inc. Employee Stock Ownership Plan and Trust $322M · 1,652
New River Electrical Corporation Employee Stock Ownership Plan $321M · 444

Compare Lafayette Group, Inc. Employee Stock Own… side-by-side with 3 peers →

Similar-Sized ESOP Plans Nationally

ESOP plans in other states closest to Lafayette Group, Inc. Employee Stock Ownership Plan by total assets, not by location.

Minn-Dak, Co. Employee Stock Ownership Plan (ND) $26M · 64
Miller Castings, Inc. Employee Stock Ownership Plan (CA) $26M · 370
Streimer Sheet Metal Works, Inc. Amended and Restated Employee Stock Ownership Plan (OR) $26M · 49
Bapko Metal, Inc. Employee Stock Ownership Plan (CA) $26M · 206

Frequently Asked Questions

How did Lafayette Group, Inc. Employee Stock Ownership Plan assets move in 2023? ▼

Lafayette Group, Inc. Employee Stock Ownership Plan surged - up 46.3% during 2023, from $18M to $26M. Reported net income was $10M.

How have Lafayette Group, Inc. plan assets changed over time? ▼

Across 3 plan years on file (2022-2024), Lafayette Group, Inc.'s sponsor-wide assets grew 52.4%, from $27M to $42M.

Where does Lafayette Group, Inc. Employee Stock Ownership Plan rank by assets among Form 5500 filers? ▼

Lafayette Group, Inc. Employee Stock Ownership Plan ranks in the 77th percentile by end-of-year assets among 127,072 plans that reported assets for plan year 2023 (in the top quartile of all filed plans by assets).

Which ESOP plans are similar in size to Lafayette Group, Inc. Employee Stock Ownership Plan? ▼

Among ESOP plans in other states, the closest by assets is Minn-Dak, Co. Employee Stock Ownership Plan in ND ($26M, 64 participants).

Next read for Lafayette Group, Inc. Employee Stock Own…

Filing takeaways

Ways to act on Lafayette Group, Inc. Employee Stock Ownership Plan's numbers.

By total assets, Lafayette Group, Inc. Employee Stock Ownership Plan ranks in the top quartile of all filed plans by assets. See the largest plans
Compare it side-by-side against 3 similar ESOP plans in Virginia. Compare plans
Lafayette Group, Inc.'s sponsor-wide assets have grown 52.4% since 2022 across 3 plan years on file. More Professional & Technical Services plans

Source: U.S. Department of Labor, Employee Benefits Security Administration (EBSA), Form 5500 public disclosure dataset. Plan year 2023.

Source: DOL EFAST2 filing system (efast.dol.gov) - original filing retrieval by EIN 541696125.